Direct Selling in the Future

To say that direct selling is a booming industry is a huge understatement. Even when the rest of the world was facing insecurities and restrictions due to the corona induced lockdown, direct selling companies like QNET has seen exponential growth. This can be due to a number of reasons, including the demand for a better and more secure source of income. Some people are also attracted to it because it promises them a chance at entrepreneurship as well as a career that has more freedom associated with it. But is direct selling the future of business? Or is it just a passing fad?

The Current Direct Selling Stats

Globally, the direct selling industry ranks 15th in India. According to the latest estimates, the direct selling industry is supposed to grow to Rs 15,930 by the year 2021, thanks to the Compounded Annual Growth Rate of 4.8 that it has seen in the past. Not only that, the industry provides employment to more than 5.7 million Indians, with a large portion of them being women.

Direct Selling in the Future

According to a report by the KPMG and FICCI, the direct selling industry as a whole in India is expected to reach a record-breaking Rs 645 billion by 2025. This comes as news of great hope for more than the 122 million Indians that lost their job during the pandemic.   

The direct selling business is also expected to provide employment to more than 18 million people by the same time, making it one of the biggest employers in the country.

Factors Driving Growth in the Industry

There are many reasons for this great advancement in the direct selling industry, many of which have come as the direct result of the regulatory action by the government. It has also been helped by the many schemes from the Modi government that is aimed at helping new entrepreneurs and businesses. This includes schemes like Make In India, India Start-up, Female Empowerment, Skills, India, India’s Digitalisation, among others.

Other factors include:

• Low investment risk

All business has some part of the risk associated with it. However, direct selling companies like QNET allow you to reduce the risk that you have. The company takes most of the risk related to making the product. All you have to do is to market the product and sell it to others.

• Not time-bound and self-ownership

Running a direct selling business allows you to have a business of your own. It allows you to operate on your own rules and time. This makes it ideal for anyone who does not want to quit their jobs or reduce their responsibilities elsewhere.

• It can be done as a side business

Most of us have a few hours a day to spare that we spend watching TV or doing nothing. Direct selling allows you to use this free time and convert it into money. With enough effort and time, you will be able to turn this side hustle of yours into a huge business empire.

Is it the right time to join a Direct Selling company?

If you ask me if this is the correct time to join a direct selling business, then I will give you the advice that has been handed to investors for centuries- “The best time to begin was yesterday. The second best time is now.” The direct selling business is booming today, but it is far from reaching its peak. So, yes, it is the right time to join a top direct selling business in Asia like QNET. 

QNET In the Direct Selling Industry

QNET has always been one of the biggest players in the direct selling industry in India and all around the world. This has been helped by the transparency that the business offers in its practices as well as the quality of its products. This includes the its numerous high-quality health supplements from Nutriplus, luxury dinnerware from Oritsu and air-purifier from SHARP among others. With such an extensive and sought-out products, becoming a direct seller for QNET can be the best and the smartest decision you can make!